Daily Forecast – Share Market – November 3rd, 2016

-/+ 0.5% Nifty Movements | Range 8450 to 8750 | Foreign cues are important

Mercury is improving and in the lead with Rahu and Jupiter, Moon, Sun + Venus. Indications are better. I feel that indications from our own norms will be better. Just we must keep an eye on foreign trades too.

Market is looking for positive mood.  Petroleum, IT, communication, media, Vehicles and related fields will also be better. I feel better for automobile segments like tyres etc. too. Jewellery paper and banks may also give some better indications.

Market may show ups and downs within the range of 0.5% (+/- 0.5%). I feel that electronics with spirit, cancer or such types of drugs segments will be better. It will be better to be careful during this running week due to some disturbances in the country.

It will be better to look for silk and leather related products. Perfumes and FMCG may be doing better.

Indian Currency

Indian Rupee may trade in between 66.40 to 67.50 per USD.

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** Before investing or trading please check technical aspects also, it’s a reading based on planetary movements.